I think its becoming obvious that this is becoming the final struggle for the fate of Ukraine. Its either Russia destroys the Ukrainian state and nationalist thinking. Or they back down and Ukraine joins EU and Nato. There is no negotiated solution. There is no compromise solution.
Now the question is: Is russia capable enough to destroy Ukraine as a state and taking over without harming itself too much. The Western empire will certainly throw everything except direct war to try to degrade Russia and force a regime change. So, if Russia give up, I don't think they can survive as a state as they are now. Their power, prestige and even national territory is probably at stake right now.
As for China, I don't think they can enjoy from the sidelines much longer. The western empire's next goal will not be lets focus less on China to take down Russia first, but let devote more resources to take down both at once. So, they will put more resources on the line. So, more military budget, more sanctions on China, more support for Taiwan, more military moves in the pacific, more financial support in Africa.
So, the western empire will use greater percentage of its GDP to fight against China and Russia.
They will only stop when the western empire encounters an economic crisis and recession. Only then there will be some pause and perhaps reflection. Until then, its going to be full on proxy, economic, social battle